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Nov 21, 2012
11/12
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KQEH
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bush and john mccain on their campaigns for the white house. he helped draft the mccain-feingold reform act, chaired the commission and founded the campaign legal center and that's a nonpartisan group working with other campaign finance reformers to counter the influence of the $6 billion election. welcome back, trevor. >> thank you very much. nice to be here. >> so did the money matter or not? >> let me give you an analogy that you would appreciate on the east coast which is if you have a hurricane and you come out ask say i'm still alive, do you stop worrying about hurricanes? no, and i think that's where we a are. the tidal wave of money is there. it left lots of democrats standing. it was nowhere near what the super pacs hoped it would be on the republican side in the senate races and obviously it didn't elect governor romney, but they had a huge influence on the race and the next elections. >> i've heard so many people say since the election, this proves that big money didn't make that much of a difference because it was sort of a wash. >>
bush and john mccain on their campaigns for the white house. he helped draft the mccain-feingold reform act, chaired the commission and founded the campaign legal center and that's a nonpartisan group working with other campaign finance reformers to counter the influence of the $6 billion election. welcome back, trevor. >> thank you very much. nice to be here. >> so did the money matter or not? >> let me give you an analogy that you would appreciate on the east coast which is...
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Nov 14, 2012
11/12
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KQEH
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bush, you know, father and son figures, nixon, kissinger and all the rest." so there was some shock. the chinese have their preference would always be more of the same, whatever the american policy is. so they didn't like mitt romney because of this fairly crude anti- china threats, which he would never have carried out. they like the idea it's going to be a familiar team now with obama. and i think, interestingly, to telescope a long argument, the area of greatest continuity in u.s. foreign policy since the time of nixon has been our dealings with china. where, on the one hand, we think it's better if they grow than if they don't. on the other hand, we have all sorts of problems with them. i think that is the way obama has pursued it and will keep pursuing it. so i think they actually are relieved to have a second term. >> what do they want from us? >> they want essentially a chance to develop. i -- >> you mean develop economically? >> develop economically. and just to sort of breathe. when i lived in japan, i was quite alarmed, and remain so, about sort of
bush, you know, father and son figures, nixon, kissinger and all the rest." so there was some shock. the chinese have their preference would always be more of the same, whatever the american policy is. so they didn't like mitt romney because of this fairly crude anti- china threats, which he would never have carried out. they like the idea it's going to be a familiar team now with obama. and i think, interestingly, to telescope a long argument, the area of greatest continuity in u.s....
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Nov 7, 2012
11/12
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today is a great day for america. >> the bush tax cuts in a lot of ways were written like a subprime mortgage. you know, they were designed to make people see certain things and not see a lot of the fine print. >> it's fully 30% to 40% of the benefits were going to the very to the income distribution, the top 1% and when you broke it down it was really the top 1/10 of the 1%bthat did so well because of the estate tax changes and because of changes in the top tax rates and changes to the capital gains taxes, and if you go to 2003, changes in the dividend tax. i mean, theisthere all taxe breaks that were worth a vast amount to the richest of americans. and worth very little to middle class americans. >> within a few weeks after the legistion was passed, we all ti get a letter that says congress and the president have given you this tax cut. and that's pretty much it for the middle taclass. but for higher income groups, the further forward you go in time, the bigger and bigger the benefits get. so it was really designed to front-load the relative modest benefits for the middle class and
today is a great day for america. >> the bush tax cuts in a lot of ways were written like a subprime mortgage. you know, they were designed to make people see certain things and not see a lot of the fine print. >> it's fully 30% to 40% of the benefits were going to the very to the income distribution, the top 1% and when you broke it down it was really the top 1/10 of the 1%bthat did so well because of the estate tax changes and because of changes in the top tax rates and changes to...
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Nov 7, 2012
11/12
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that's the single most popular proposal for doing something bout the deficit would be to let the bush tax cuts for the wealthy expire. and yet that goes nowhere in washington. >> you know, there is an organized, powerful constituency for deregulation, for high-end tax cuts, for policies that are neglecting some of the serious middle class strains. and there just isn't anything of comparable size or power on the other side. and that has pulled washington way, you know, way toward the concerns of the most affluen most priluileged members of our society and led them to often neglect the real struggles that americans are facing during this economic crisis, struggles that are magnified versions of what americans have been going through for 25 years or so. >> there was a time when we were sure that a strong middle class was the backbone of a democracy. and there was a time, after the ii world war when i was a young man, when incomes actually grew slightly faster at the bottom and the middle than at e top, is that right? do your figures support that. >> yes, they do. we described that period
that's the single most popular proposal for doing something bout the deficit would be to let the bush tax cuts for the wealthy expire. and yet that goes nowhere in washington. >> you know, there is an organized, powerful constituency for deregulation, for high-end tax cuts, for policies that are neglecting some of the serious middle class strains. and there just isn't anything of comparable size or power on the other side. and that has pulled washington way, you know, way toward the...
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Nov 4, 2012
11/12
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. >> and you don't beat around the bush. you say "most voters of moderate means have been organized out of politics, left adrift as the foundations of middle class democracy have washed away." >> yeah, i mean, if you look at history of american democracy it is about a broadening of our understanding of political equality to incorporate african-americans and women and ultimately to also incorporate the idea that large inequalities of property were a threat to democratic equality. so fdr, during the great depression, famously said that political equality was meaningless in the face of economic inequality. so we now, i think, understand that inequality of income and wealth is part of a capitalistic society but it can't overwhelm our democracy. and what we've seen in the last 30 years is a gradual erosion of the firewalls that protect our democracy from the inequalities that are occurring in the market. money has come into politics much more. and the power that people have in the market is being used more and more in politics as
. >> and you don't beat around the bush. you say "most voters of moderate means have been organized out of politics, left adrift as the foundations of middle class democracy have washed away." >> yeah, i mean, if you look at history of american democracy it is about a broadening of our understanding of political equality to incorporate african-americans and women and ultimately to also incorporate the idea that large inequalities of property were a threat to democratic...